Coljuegos published the draft resolution with which it seeks to adopt measures for the sustainability of the Gambling sector due to the serious effects caused by the health emergency of COVID-19.
However, the body regulator willingness is focused on keep pushing up the numbers of the online gambling since it was the responsible for the industry growth despite the pandemic effects on the economic world.
In this sense, then, Coljuegos seeks to adopt temporary measures with a temporality equal to the existence of the health emergency, that is, while the Colombian state continues in crisis due to the COVID-19 pandemic, these measures will be in force. The first of the measures is to make the financial capacity required of concessionaires more flexible, despite the 2020 year was the exponential growth of the incomes for this sector .
This allows the verification of the financial indicators to be carried out with the 2019 financial statements in case the operator wishes to carry out the verification with the 2020 documentation, it may request it.
This to help with updates to the inventory of authorized games, extension, new contract, new contract for renewal and transfer. Focused on Online gambling, giving one of the most promising sectors of the industry more tools to manage complicated financial situation during the pandemic caused by COVID-19
The second measure goes towards proportionality in the settlement and payment of fixed fees at casino tables and bingo chairs. The operators of localized games will then be able to declare, settle and pay the exploitation rights and administration expenses, in accordance with the operation carried out in the corresponding month.
For which, they will request the reliquidation discounting the time of restriction of the operation during the corresponding month. The operator must attach the evidence and acts issued by the competent authorities, in which the total or partial operation of the game was restricted within the respective period.
